May 14, 2018 / 3:28 PM / 6 months ago

BRIEF-Blackrock’s Turnill Says "Fears Of Peaking Earnings Are Overdone"

May 14 (Reuters) - BlackRock’s Richard Turnill Says:

* BLACKROCK’S GLOBAL CHIEF INVESTMENT STRATEGIST, RICHARD TURNILL SAYS “FEARS OF PEAKING EARNINGS ARE OVERDONE”

* BLACKROCK’S TURNILL SAYS SEE BETTER PROSPECTS FOR SALES GROWTH IN U.S. THAN IN OTHER DEVELOPED MARKETS

* BLACKROCK’S TURNILL SAYS U.S. HAS HEALTHIEST RATIO OF EARNINGS UPGRADES TO DOWNGRADES GLOBALLY, ECONOMIC DATA LOOK SOLID & CONSISTENT WITH EXPANSION

* BLACKROCK’S TURNILL SAYS SEE STRONGER EARNINGS FROM COS GENERATING SALES GROWTH & CONTROL EXPENSES, AS INPUT COSTS INCH HIGHER, ECONOMIC CYCLE MATURES

* BLACKROCK’S TURNILL SAYS WITHIN THE U.S., PREFER HIGH-MARGIN SECTORS WITH STRONG CASH FLOWS, SUCH AS TECHNOLOGY, OVER LOW-GROWTH DEFENSIVES Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below